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US Ashland Declares Europe Force Majeure on BDO, THF after Fire

NEWS

Ashland (ASH) announced on August 11 that it has declared a force majeure in Europe on 1.4 butanediol (BDO), tetrahydrofuran (THF) and formaldehyde as a result of a fire at its manufacturing facility in Marl, Germany, that led to the shutdown of production operations on August 10.

Production has been suspended while an investigation into the cause and extent of the fire takes place. As a result, the Marl facility is currently unable to produce any 1.4 BDO, THF or formaldehyde, and the availability of product is significantly reduced.

Ashland is working with affected customers to minimize the impact to their respective businesses, and will continue to provide updates regarding supply capability.